Spencer, OK Real Estate
According to census data in the year 2000 there were 1,608 housing units in Spencer.
This represents a 0.4% growth from 1,601 in 1990.
Of those housing units, 1,514 were located in either urbanized areas or urban clusters, and 94 were located in what is classified as a rural area.
Homeownership rate in Spencer is about 71.9%.
Spencer's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Spencer were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 9.90% |
| Two Bedrooms | 30.20% |
| Three Bedrooms | 53.20% |
| Four Bedrooms | 4.10% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $51,600 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.16 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $118 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 7% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 47.60% |
| Debt Free | 38.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.9% |
